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i don't have a tax cut that's $4.8 trillion or $5 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers, i think we need more of them. i mean, look, don't believe me, speaker gingrich was pretty eloquent in running during the primaries in saying, look, mitt romney will say absolutely anything to get elected. >> well, one thing i have been saying about the campaign is the president needs surrogates out there, he needs confederates, people out there. i love charleston. a lot of people -- rather charlotte because in charlotte you heard an entire political party speaking led by people like deval patrick, the governor of massachusetts, after you saw mr. mayor. i think it sounds better when it's a serenade than when it's a solo. what do you think about that? because the other guy has these terrible attack dogs out there, people like trump pitching the birtherism nonsense, sununu talking about being lazy. you got priebus and his nonsense about him being from europe and foreign and newt saying terrible things not to mention jack welch trying
i don't have a tax cut that's $4.8 trillion or $5 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers, i think we need more of them. i mean, look, don't believe me, speaker gingrich was pretty eloquent in running during the primaries in saying, look, mitt romney will say absolutely anything to get elected. >> well, one thing i have been saying about the campaign is the president needs surrogates out there, he needs confederates, people...
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been using a study by princeton economist harvey rosen to back up that romney's plan is paid for by tax cut on middle class but there was pushback from rosen saying he was misrepresented, saying increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral. >> he would be the first to say this is not a monument to one man. >> under backdrop in california today, the president held an official event designating the chavez national monument that may help rally hispanic voters. new politico, george washington university battleground tracking poll of likely voters shows president may have an intensity problem. only 73% support him say they are extremely likely to vote compared to 86% who back romney. >> they know the race has tightened. >> bret: ed henry traveling with the president in california. ed thanks. >>> we are less than a month away from election day. much of the country is already taking part in early voting. we are taking our weekly look at how the electoral college map is shaping up. joining me again today are
been using a study by princeton economist harvey rosen to back up that romney's plan is paid for by tax cut on middle class but there was pushback from rosen saying he was misrepresented, saying increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral. >> he would be the first to say this is not a monument to one man. >> under backdrop in california today, the president held an official event designating the...
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i want to change tax a little bit and talk but mitt romney. he had an impressive delivery today on foreign policy. a big speech. here's what he had to say. >> the president is fond of saying that the tide of war is receding, and i want to believe him as much as anyone else. when we look at the middle east today with a run closer than ever to nuclear weapons capability, with the conflict and syria threatening to destabilize the region and with violent extremists on the march and with an american ambassador and three others dead, likely at the hands of terrorists. it is to the rest of conflict is higher now than when the president took office. gerri: does he have that right? >> i think he absolutely does. i have been waiting 25 years for the speech. romney david. he was channeling reagan, harkening back to the notion that america uses our economic power to influence events in the world. use our economic power as a weapon. shutting down their economy. using the american military, not to use it, but to have it there to prevent it have to be used f
i want to change tax a little bit and talk but mitt romney. he had an impressive delivery today on foreign policy. a big speech. here's what he had to say. >> the president is fond of saying that the tide of war is receding, and i want to believe him as much as anyone else. when we look at the middle east today with a run closer than ever to nuclear weapons capability, with the conflict and syria threatening to destabilize the region and with violent extremists on the march and with an...
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john boehner is trying to work a deal with the president to do tax reform and entitlement reform and his deputy, the majority leader, calls people like paul ryan, who is now running for vice president. .. >> if you keep doing this, you are going to risk your speakership. the president said when i talked to him, interestingly enough, he said in fixing -- he realizes the magnitude of all of this, as does speaker boehner, key democrats, key republicans realize what it is. and the president literally said to me, i would willingly lose an election if i could solve these problems. it is that serious. tim geithner, the treasury secretary, in the book is quoted thousands of words telling the president, you have got to do something about this problem. we have to fix it. you literally, it's not that we're going to close down the government, we will close down the american economy and, in turn, the global economy. if they do not solve the issue of this runaway spending, get some way to stop borrowing in excess, he tells the president of the united states if we default on this, on our obligation
john boehner is trying to work a deal with the president to do tax reform and entitlement reform and his deputy, the majority leader, calls people like paul ryan, who is now running for vice president. .. >> if you keep doing this, you are going to risk your speakership. the president said when i talked to him, interestingly enough, he said in fixing -- he realizes the magnitude of all of this, as does speaker boehner, key democrats, key republicans realize what it is. and the president...
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>> what bf his commit to not raising taxes? >> i think what's been incredible at the close of this race with 29 days to go has been the room that finally the conservative base has allowed mitt romney to spurn them in a lot of ways because they just wanted the visceral enjoyment of seeing him win a debate against the president. that's more important to them and beating barack obama in a lot of ways is more important to a lot of base than ideology. now, i can't imagine mitt romney going to that extent as matt as said and saying -- >> and doing something sensible for the government and the country. we wouldn't do that. >> but i also couldn't put anything past him at this point. >> joy reid and matt miller, thank you both. next, the president on the road again, as mitt romney campaigns right now with an aircraft carrier in the background. so who has the upper hand today? stay with us. i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm
>> what bf his commit to not raising taxes? >> i think what's been incredible at the close of this race with 29 days to go has been the room that finally the conservative base has allowed mitt romney to spurn them in a lot of ways because they just wanted the visceral enjoyment of seeing him win a debate against the president. that's more important to them and beating barack obama in a lot of ways is more important to a lot of base than ideology. now, i can't imagine mitt romney...
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they get jobs, they get tax revenue and they have a casino on a property that was actually abandoned. the question we want to ask on "fast money," what's in it for pen national gaming, ticker pnn. they had had to pay a $50 million license fee. $400 million to get in here. 53% of their revenues, that's their tax rate, yet they're here and they're happy about it. >> we think we're going to make a nice living here in central ohio. as i said before, there are only two casinos here serving 1.5 million people. as we look at the metrics and do the market analysis, we think this is going to be a very good return for our shareholders. >> reporter: this is the third ohio casino open in the last year. penn owns one, caesars owns another and will open one in cincinnati next spring. pen market cap around $3 billion. czr, one-third of that size. they're obviously competing for these non-traditional markets in this country. if you think vegas and macao are positive trades, take a look. there's valley technologies and wms industries, third is aristocrat out of australia. he he said that space is so c
they get jobs, they get tax revenue and they have a casino on a property that was actually abandoned. the question we want to ask on "fast money," what's in it for pen national gaming, ticker pnn. they had had to pay a $50 million license fee. $400 million to get in here. 53% of their revenues, that's their tax rate, yet they're here and they're happy about it. >> we think we're going to make a nice living here in central ohio. as i said before, there are only two casinos here...
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the country pays no taxes. pacino talk about that. >> guest: the reason they pay the taxes at the same reason they rob eggs. as where the money is. >> host: what do you mean? >> guest: the reach of all the money now. they have always paid my taxes. you don't think it's his or harder working, more virtuous in terms of putting themselves on the line and accept risk in order to achieve their trains? >> guest: some fall into that category. the world is filled with all kinds of creative people who need a lot of money. and there's no problem. the problem we say is that this is a ballot the way it used to be for the rich didn't use to pay a lot more than they do now. the average person i has no idea. how much the tax rates have dropped. i mean, the one you mentioned a second ago as dividend income. it's a perfect example. most of its history, the tax on dividends was outpaced what was it to it was the biochemistry salesman or die maker, whatever. the end of your income, dividends were taxed at that rate. 2000 the cubs
the country pays no taxes. pacino talk about that. >> guest: the reason they pay the taxes at the same reason they rob eggs. as where the money is. >> host: what do you mean? >> guest: the reach of all the money now. they have always paid my taxes. you don't think it's his or harder working, more virtuous in terms of putting themselves on the line and accept risk in order to achieve their trains? >> guest: some fall into that category. the world is filled with all kinds...
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will go up whoever went in november. >> your effective tax income after taxes will go up. deductions will go down. that is in effect the same thing. what you should see is a reduction of the concern about the fiscal cliff crossing over. the congressional budget office said it is about a 1% reduction in gdp if we go over the cliff. that disappearing is good for us. cheryl: i want to revisit this issue with you. some stock and sector plays based on your research. we are so close to the election. if romney wins, stock winners will be care providers, interesting a healthcare provider there. >> and the defense contractors also. cheryl: we also showed that basically that defense will be a big loser if the president stays in office. >> there will be different winners and losers depending on who wins. and all environments, you do very well owning consumer brands that that people love. they take advantage of the growth of the middle class. what we suggest is who matters does when. if you are not sure, you should be in index funds. what you want to do after the next several years is
will go up whoever went in november. >> your effective tax income after taxes will go up. deductions will go down. that is in effect the same thing. what you should see is a reduction of the concern about the fiscal cliff crossing over. the congressional budget office said it is about a 1% reduction in gdp if we go over the cliff. that disappearing is good for us. cheryl: i want to revisit this issue with you. some stock and sector plays based on your research. we are so close to the...
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>> taxes, taxes big time. the idea of rolling back or pulling back on the bush tax cuts for the top end of the scale impacts small businesses, because, remember, most of those people filed through a sub s. their companies are paid through personal returns. stuart: so if their personal rate of income tax is 35% and the small business makes a profit, that profit is taxed at 35%, so their personal tax. >> right, it flows through the personal tax return. stuart: they don't know whether that rate goes up or stays still or it if romney wins, comes down. >> corrects, correct. stuart: what do you tell them. >> uncertainly is killer in small business. stuart: they come to you for a solution and you don't have a solution. >> i don't. a lot of this is uncertainty. 3200 new regulations from the federal government last year and we're on course now close to over 5,000 this year, that's an unbelievable burden. stuart: okay, i've got obamacare, i've got taxes, uncertainty in both and number three? >> they're just afraid, afra
>> taxes, taxes big time. the idea of rolling back or pulling back on the bush tax cuts for the top end of the scale impacts small businesses, because, remember, most of those people filed through a sub s. their companies are paid through personal returns. stuart: so if their personal rate of income tax is 35% and the small business makes a profit, that profit is taxed at 35%, so their personal tax. >> right, it flows through the personal tax return. stuart: they don't know whether...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> aouncer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who used tom's personal fo to buy new teeth and a new car, and stuck tom with the $57,000 bill. [tires squeal] now meet carl who works from the coffee shop and uses the free wi-fi. marie works from there too. she's an identity thief who used a small device to grab his wi-fi signal, then stole enough personal information to hijack and drain his bank accounts. every yemillions of americans learn all it may take to devastate your life is a little personal information in the wrong hands. this is identity theft and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protecti
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> aouncer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who...
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part of this is an exponentially higher tax rate. but former governor ed rendell justifies all of it. >> we love to gamble, we love to bet. ed rendell can't stop it. barack obama can't stop it. mitt romney can't stop it. so if we can't stop it, let's make the best of it, make sure it's regulated well, make sure it's taxed robustly and make sure those dollars go to a good purpose. >> reporter: initially that 55% tax rate in pennsylvania was to go to give property tax relief for senior citizens, great political move for rendell. here in ohio, a chunk will go to the host city, columbus, ohio. a chunk goes to the state and there are slices that go to every county in ohio. it's obviously going to mean millions in taxes for the state of ohio. another one opens in cincinnati, carl, next spring. back to you. >> judging from the fact that it's probably 9:30 there in the morning -- i don't know if you're east coast. but behind you, brian, people are already lining up. you can see revenue being generated right there. >> reporter: they expect --
part of this is an exponentially higher tax rate. but former governor ed rendell justifies all of it. >> we love to gamble, we love to bet. ed rendell can't stop it. barack obama can't stop it. mitt romney can't stop it. so if we can't stop it, let's make the best of it, make sure it's regulated well, make sure it's taxed robustly and make sure those dollars go to a good purpose. >> reporter: initially that 55% tax rate in pennsylvania was to go to give property tax relief for...
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struggling over the last four years or that he wants to raise the obama administration wants to raise taxes by over a trillion dollars. this is the joe biden we want. joe biden has to be careful about going too hard at paul ryan because of just that, because of the gaffes and because he can look over bearing, and paul, a lot is riding on paul ryan, and we want to keep that momentum going from that first debate, and he has to be careful not to get into the weeds of some of these policies. >> i know. he tends to be quite wonkish at times and people listen and say what? >> well, that's right. it is important that ryan stick with the big picture and go after biden on the rising debt and our sky rocketed unemployment and talk about the failed last four years as opposed to being trying to get trapped in some of the bieden spiderwebs that he will try to weave. >> it appears that joe biden is really taking this seriously because the democrats don't want to repeat of the first debate, right? joe biden apparently has taken six days off and practicing, practicing, practicing, especially with zingers.
struggling over the last four years or that he wants to raise the obama administration wants to raise taxes by over a trillion dollars. this is the joe biden we want. joe biden has to be careful about going too hard at paul ryan because of just that, because of the gaffes and because he can look over bearing, and paul, a lot is riding on paul ryan, and we want to keep that momentum going from that first debate, and he has to be careful not to get into the weeds of some of these policies....
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under his plan, there are born to be tax reliefs for middle- class -- there are going to be tax reliefs for middle class. on the second question, which i believe was growing the base. absolutely. you can do both of the same time. one of the reasons we do not have enough revenue in the government is there is not a big tax base. question, amonghird specific policies, the first thing is president obama has not really done anything to fix the economy. under his plan he passed a stimulus that was by all accounts called ineffective, only added to the debt. he has proposed various measures that have received no support. there was a budget for the united states of america where he had zero democratic votes in the house and senate. what policies? i disagree with the stimulus. i disagree with the various bailout. the other thing is policy. he has not really given a positive vision for america. mitt romney, often people say he has not given details in his plan. the fact of the matter is president obama has not given us a plan. host: william from portsmouth, ohio. good morning. caller: hello? host:
under his plan, there are born to be tax reliefs for middle- class -- there are going to be tax reliefs for middle class. on the second question, which i believe was growing the base. absolutely. you can do both of the same time. one of the reasons we do not have enough revenue in the government is there is not a big tax base. question, amonghird specific policies, the first thing is president obama has not really done anything to fix the economy. under his plan he passed a stimulus that was by...
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>> they get a tax credit. they make a movie here, 25 cents of every dollar you spend is a tax credit. you pay lower taxes. if, however, you are just a regular person in california, hollywood wants you to pay more in taxes. they support governor brown who suppose has whopping tax increase for everybody in california. so that's the hypocrisy. hollywood wants a tax break for them, but maneuvers to get higher taxes for everybody else in the state of california. >> steve: i got a news flash for jerry brown, his state is broke. >> yes, it is. >> steve: so for them to extend these tax breaks, and it would be essentially a tax credit on your state taxes that the movie companies would enjoy, this is not the time to be giving rich guys big fat tax breaks. >> by the way, 12 other states which used to offer the same kind of tax breaks to movie companies, come make a movie in my state, they've withdrawn on limited those because they have run out of money. california has run out of money, but they say keep that gravy train
>> they get a tax credit. they make a movie here, 25 cents of every dollar you spend is a tax credit. you pay lower taxes. if, however, you are just a regular person in california, hollywood wants you to pay more in taxes. they support governor brown who suppose has whopping tax increase for everybody in california. so that's the hypocrisy. hollywood wants a tax break for them, but maneuvers to get higher taxes for everybody else in the state of california. >> steve: i got a news...
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, zero tax returns i think. what did you find out, anything? >> billion in a prior story, not this story, when we looked at earmarks we did find earmarks that was very close to his undeveloped property. >> right, i saw a nice deal here on a land deal in 1998, 700 grand. anyway, just wondered. >> right, exactly. we have a whole host of stories that we've done that look more at this intersection between their duties and their personal assets and that's -- >> that's the best way, not with a couple of, you know, stock tips in congress. i like it ben they do the earmarks, where they buy something and then maybe check the former speaker, too. anyway, right? kimberly, thank you. appreciate it. >> thank you very much for having me. >> all right, see you. >>> oh, it's me. coming up, this morning's top stories set to foreboding music. the rails for the white house, both hitting the campaign trail. former governors face off in the issues and former hp boss carly fiorina, why she calls the board a serial dysfunction, and no
, zero tax returns i think. what did you find out, anything? >> billion in a prior story, not this story, when we looked at earmarks we did find earmarks that was very close to his undeveloped property. >> right, i saw a nice deal here on a land deal in 1998, 700 grand. anyway, just wondered. >> right, exactly. we have a whole host of stories that we've done that look more at this intersection between their duties and their personal assets and that's -- >> that's the...
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. >> governor romney's central for $5c plan calls cut.lion tax- i don't have a $5 trillion tax cut. not telling the truth. >> romney does want to cut tax s that would reduce revenue years.rillion over 10 he said he would offset that by eliminating loopholes and deductions. has refused to say which ones, leaving him open to attack. mitt romney will deliver a today, and president policy.middle east tahman bradley, abc news. >> there was a hot debate on the weekend. commentator tv leaningreilly and left- host jon stewart faced off in a presidential debate on real issues at george washington .niversity demand was so high to see them that crashed the servers. be available for download. it's 43 degrees outside this monday morning. >> still ahead, it's a big day tomorrow for >> welcome back. i'm brian van de graaff. jacqui jeras is attending a conference. we should be in the low 70's this time of year. today we will be back in the mid again.ce there is a frost advisory virginia,st shenandoah, and so forth. we will have a few sticks of some this afternoon. this morning. becoming mostly clou
. >> governor romney's central for $5c plan calls cut.lion tax- i don't have a $5 trillion tax cut. not telling the truth. >> romney does want to cut tax s that would reduce revenue years.rillion over 10 he said he would offset that by eliminating loopholes and deductions. has refused to say which ones, leaving him open to attack. mitt romney will deliver a today, and president policy.middle east tahman bradley, abc news. >> there was a hot debate on the weekend. commentator...
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business it's very difficult to run a business if you're successful at a business they're going to tax you to death and in the meantime they're all running absolutely ridiculous communist era sized socialist states the truth is western europe is bankrupt it cannot afford to have the government be the major economic actor in the system and therefore just as we saw russian communism collapse so too we're seeing the death of western european socialism october seventh eleven years ago the u.s. led war in afghanistan started more than three thousand alliance troops have died in the conflict most of them americans far more afghan civilians have also lost their lives international affairs commentator rick rose off from stop nato thinks the alliances foster discontent among the afghan people. precious little has been accomplished in only positive sense of course by the the western military intervention an occupation in afghanistan. most of the arguably the only accomplishment dubious as it is that opium production of skyrocketed under the watch of the us and nato in afghanistan you know eviden
business it's very difficult to run a business if you're successful at a business they're going to tax you to death and in the meantime they're all running absolutely ridiculous communist era sized socialist states the truth is western europe is bankrupt it cannot afford to have the government be the major economic actor in the system and therefore just as we saw russian communism collapse so too we're seeing the death of western european socialism october seventh eleven years ago the u.s. led...
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i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it will or politically either. gerri: interesting days. that is for sure. you will have you back to talk more. when we come back to be searching for a deal, but prescription drugs online presents a all new sets of problems. we will explain. an age-old question resurfacing. can women have it all? are we dissing mother had? this is going to be a panel. you will love it. it will be a lot of fun. ♪ all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our enviro
i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it...
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its own police force, no income tax, no sales tax, no capital gains tax to all the property tax and no federal regulation. it sounds good to me. the man behind it joins us now from honduras. you came on the show a year ago to discuss the idea of a free city and its thousand you have made progress. >> we made considerable progress. we expect we will be able to break ground within 30 days after the honduran government finalizes the legislation identifying the regions and also appointing a governor. john: already the honduran legislature passed the bill authorizing the general principles 126-1. they are behind it. >> incredibly popular. congress realizes the best hope for prosperity is to create a special development regions. model that the special development regions that have been so spectacularly successful in china which has cities scale special development regions. also dubai which had 110-acre region that had its own legal system that imported british common law "by international financial center which resulted in billions of dollars of capital flowing in and one of the greatest fin
its own police force, no income tax, no sales tax, no capital gains tax to all the property tax and no federal regulation. it sounds good to me. the man behind it joins us now from honduras. you came on the show a year ago to discuss the idea of a free city and its thousand you have made progress. >> we made considerable progress. we expect we will be able to break ground within 30 days after the honduran government finalizes the legislation identifying the regions and also appointing a...
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you need to print capital and have cuts in spending that are meaningful and then you have to raise taxes and close loopholes. uh got to have all the three working in concert to de-leverage out of the system we are in. $40 billion makes sense to me. qe3 makes sense to me up to a point. i did note in the minutes that i would read from the minute that is if unemployment is above say 6.5% and inflation is below 3%, you're going to continue to see qe3 from one month to the next, but one you are getting close to the numbers they will start to shut it down. $40 billion a month will inflate the monetary supply by 15% a year. that's not something we are accustomed to seeing. we are de-leveraging but at some point inflation creeps into the process. >> tom, what about the civil suit that we saw this week, the civil suit by new york state attorney general against jpmorgan chase, they are alleging widespread company by the bear stearns business by the sale of mortgage-backed securities back in 2008. first, do you think this is a day late and dollar short and is it fair to target jpmorgan chase since
you need to print capital and have cuts in spending that are meaningful and then you have to raise taxes and close loopholes. uh got to have all the three working in concert to de-leverage out of the system we are in. $40 billion makes sense to me. qe3 makes sense to me up to a point. i did note in the minutes that i would read from the minute that is if unemployment is above say 6.5% and inflation is below 3%, you're going to continue to see qe3 from one month to the next, but one you are...
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the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates better they got tired of talking about millionaires and billionaires. >> i am spectacular the perplexed by joseph biden. at least the is consistent. this is simply incorrect if the administration believes by raising taxes we can get ourselves into solvency, he is simply incorrect. mitt romney talking about the tax issues how to back out of this situation was awesome. >> i don't know if they believe this helps economically with us verses them redressing the wrongs for those who benefited the most until four years ago. >> we have seen this obama's touting the buffer role with the minimum tax for mi
the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates...
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he has been talking about raising taxes, raising trillions of dollars in taxes. having that one soundbite that biden can across with as a gaffe could really hurt. >> heather: do you think we'll see a more aggressive vice president biden? >> i hope so. one thing about the first debate that democrats will learn that mitt romney and paul ryan, they fact checkers they will get into it. they will say things over and over again that are not true. during the debate the vice president needs to say during the debate, paul ryan that is not true. at the time they can't rely on fact checks for after the debate. >> heather: vice president biden has had problems were with his own fact checkingers. coming out of the presidential debate, they said that president obama lost the momentum and governor romney gained some momentum. do you think that paul ryan will be able to keep that momentum up? >> i absolutely do. he is great legislator. he has a vision for this country. people, when he was picked as a vice presidential candidate republicans rallied around him. he has been helpful
he has been talking about raising taxes, raising trillions of dollars in taxes. having that one soundbite that biden can across with as a gaffe could really hurt. >> heather: do you think we'll see a more aggressive vice president biden? >> i hope so. one thing about the first debate that democrats will learn that mitt romney and paul ryan, they fact checkers they will get into it. they will say things over and over again that are not true. during the debate the vice president needs...
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. >> i'm not looking for a $5 trillion tax cut. what i've said is i won't put in place a tax cut that adds to the deficit. >> governor romney's central economic plan calls for a $5 trillion tax cut. for 18 months, he's been running on this tax plan. now, five weeks before the election, he's saying his big, bold idea is never mind. >> all right. what what's the deal here? >> this is a complicated one. we have from the romney campaign a plan that has been analyzed by an independent group that said it would lead to around $450 billion a year in revenue that's cut from the -- revenue that's not there as a result of these taxes. the obama campaign has then taken this and extrapolated it over ten years, and they have arrived at $5 trillion. well, ten years times $450 billion doesn't get us to $5 trillion. so that's not quite right. but what is true is that the romney campaign, governor romney himself, has not explained what they're going to do to make sure that this is revenue neutral, as he said. he says, and the campaign says, that the
. >> i'm not looking for a $5 trillion tax cut. what i've said is i won't put in place a tax cut that adds to the deficit. >> governor romney's central economic plan calls for a $5 trillion tax cut. for 18 months, he's been running on this tax plan. now, five weeks before the election, he's saying his big, bold idea is never mind. >> all right. what what's the deal here? >> this is a complicated one. we have from the romney campaign a plan that has been analyzed by an...
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a business it's very difficult to run a business if you're successful in business they're going to tax you to death and in the meantime they're all running absolutely ridiculous communist era sized socialist states the truth is western europe is bankrupt it cannot afford to have the government be the major economic actor in the system and therefore just as we saw russian communism collapsed so too we're seeing the death of western european socialism the pakistani military has blogged in the anti u.s. motorcade really which was heading towards the country's tribal harbor along there and border the protests which were against saturdays being led by cricket legend turned politician imran khan and has attracted thousands of people concepts a large number of civilians have died in the american drone strike that is calling for an end to the killings demonstrators plan to reach a subtle as there is don and an area plagued by insurgency and that is frequently targeted by the missiles that were turned back they were ignoring reports that the convoy could be targeted by taliban suicide bombers b
a business it's very difficult to run a business if you're successful in business they're going to tax you to death and in the meantime they're all running absolutely ridiculous communist era sized socialist states the truth is western europe is bankrupt it cannot afford to have the government be the major economic actor in the system and therefore just as we saw russian communism collapsed so too we're seeing the death of western european socialism the pakistani military has blogged in the...
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romney repeatedly insisted he was not advocating a big tax cut. in fact, he declared unequivocally that he would not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years romney has been campaigning on a tax cut that would cost around $5 trillion over ten years. romney said he would eliminate deductions and cut spending to pay for it. he never offers details. he did say he would cut funding for public broadcasting which was 0.01% of federal spending in 2012. medicaid was 0.13%. romney also spoke in favor of regulations including much of the dodd/frank bill and he repeatedly held up as a model his health care plan in massachusetts which has added center the individual mandate and on which obama care is based. romney's transformation did not happen overnight. the candidate has been reworking his stump speech. in a very smart analysis, npr pointed out romney has a five point stump speech. the first four points are actually identical to obama's stump speech. two, domestic energy, three,
romney repeatedly insisted he was not advocating a big tax cut. in fact, he declared unequivocally that he would not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years romney has been campaigning on a tax cut that would cost around $5 trillion over ten years. romney said he would eliminate deductions and cut spending to pay for it. he never offers details. he did say he would cut funding for public broadcasting which...
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a battle over $5 trillion, your tax dollars, president obama says a tax cut by the governor would roll out benefits to only the wealthiest americans at the cost of the middle class. romney says, no matter how many times the president says it it is not true. who is telling the truth? i'm shannon bream, live in washington. we have representatives from both sides of the aisle. rnc chairman, reince priebus and dnc chairwoman, debbie wasserman-schultz. welcome. we start in washington with reince priebus. i want to talk about the unemployment numbers for september, 7.8%, the lowest since president obama has been in office. he said, you can't turn back now, america is moving in the right direction. has he made a case that we are seeing recovery? >> not at all. first of all, we will let the economists argue over the numbers. i know people are arguing over how you can could have 900,000ions found, a month before the election. i will let them argue about that. if it's all true and it all works out and it's not adjusted downward if a month, i think it's great for the country to see improvement in
a battle over $5 trillion, your tax dollars, president obama says a tax cut by the governor would roll out benefits to only the wealthiest americans at the cost of the middle class. romney says, no matter how many times the president says it it is not true. who is telling the truth? i'm shannon bream, live in washington. we have representatives from both sides of the aisle. rnc chairman, reince priebus and dnc chairwoman, debbie wasserman-schultz. welcome. we start in washington with reince...
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i don't have a tax plan that is 4.8 trillion, i am not going to cut taxes on the rich. i don't have a voucher plan, i love teachers, i think we need more of them. don't believe me, speaker gingrich was eloquent in the primaries, saying that mitt romney will say absolutely anything to get elected. >> the president had 90 minutes, now, if he had done his homework and prepared, if he had actually studied romney, why didn't he say it? virtually every analyst has said, and even your deputy campaign manager has said the charges -- was made wrong. forgetting that for a second, the job of the president is supposed to be able to be competent and to stand up for what he believes in and articulate what is wrong. mitt romney walked over him. >> and alex, you mentioned the president is air born to the golden state, a star studded concert with katy perry, and tuesday, campaigning in ohio, meanwhile, mitt romney had a rally last night in florida and stays in florida for a second day, more campaign events later in that swing state. >> yeah, i think you left out george clooney, because
i don't have a tax plan that is 4.8 trillion, i am not going to cut taxes on the rich. i don't have a voucher plan, i love teachers, i think we need more of them. don't believe me, speaker gingrich was eloquent in the primaries, saying that mitt romney will say absolutely anything to get elected. >> the president had 90 minutes, now, if he had done his homework and prepared, if he had actually studied romney, why didn't he say it? virtually every analyst has said, and even your deputy...
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a business it's very difficult to run a business if you're successful in business they're going to tax you to death and in the meantime they're all running absolutely ridiculous communist era sized socialist states the truth is western europe is bankrupt it cannot afford to have the government be the major economic actor in the system and therefore just as we saw russian communism collapsed so too we're seeing the death of western european socialism. change all of the same the question venezuelans have to answer as they head to evade for president longstanding incumbent. is the biggest challenge yet to his socialist rule from a young democrat party's recent cover novels in paris for us. well we're in caracas where voting has finally kicked off in venezuela you can see a huge line of people stretching around the corner we're not even close to the polling station but the excitement here is a man and these people have been lined up as you can see the line is starting to finally move for hours hours before the polls even opened both candidates have been urging people to take to the streets
a business it's very difficult to run a business if you're successful in business they're going to tax you to death and in the meantime they're all running absolutely ridiculous communist era sized socialist states the truth is western europe is bankrupt it cannot afford to have the government be the major economic actor in the system and therefore just as we saw russian communism collapsed so too we're seeing the death of western european socialism. change all of the same the question...
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right now the $5 trillion tax cut both of them argued over is in a new ad the romney campaign put out this morning because the romney campaign feels they need to clear up what president obama is saying about it, which is that it's not true. >> how forgiving is the american voter if president obama had what he would claim is just a bad night? >> it's hard to say. what will have to happen is president obama will have to have a much better debate in new york, about a week and a half away. i've talked to a lot of democrats and big obama fans who are miserable about the president's debate performance because they think he did a bad job and might have ruined his chances. >> why do you think that was? >> you know, part of it was president obama's strategy. he wanted to come in looking presidential. david axlerod says in a conference call this week with reporters that the president didn't want the american people to see two candidates on stage insulting each other and for that reason he stayed above the fray but he needed to look for aggressive. >> stay above the fray? right after the debate,
right now the $5 trillion tax cut both of them argued over is in a new ad the romney campaign put out this morning because the romney campaign feels they need to clear up what president obama is saying about it, which is that it's not true. >> how forgiving is the american voter if president obama had what he would claim is just a bad night? >> it's hard to say. what will have to happen is president obama will have to have a much better debate in new york, about a week and a half...
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a business it's very difficult to run a business if you're successful in business they're going to tax you to death and in the meantime they're all running absolutely ridiculous communist era sized socialist states the truth is western europe is bankrupt it cannot afford the howard government be the major economic actor in the system and therefore just as we saw russian communism collapsed so too we are seeing the death of western european socialism. and u.k. prime minister david cameron has warned he would veto the e.u.'s new budget if necessary he suggested the e.u. should have two separate budgets one for the countries which use the euro and one for those who don't later on our economic historian robert skidelsky tells us that london is used to blaming others for its economic troubles. the sad fact is that the british economy has been shrinking slowly almost for a year now rather like a very slowly leaking balloon and the government of been trying in one or two small waves to give it a bit of a stimulus one thing is that they're blaming everyone but themselves per school it was it w
a business it's very difficult to run a business if you're successful in business they're going to tax you to death and in the meantime they're all running absolutely ridiculous communist era sized socialist states the truth is western europe is bankrupt it cannot afford the howard government be the major economic actor in the system and therefore just as we saw russian communism collapsed so too we are seeing the death of western european socialism. and u.k. prime minister david cameron has...
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take his strategy for economic recovery, to fill the revenue gap for a result from tax cuts is an exercise in shadow boxing futility. he hasn't yet told us what it is he's planning to do. but by hitching his wagon to paul ryan and endorsing ryan's budget plan, he attached himself to clearly articulated policy and a record that leaves the whole ticket exposed to attack which gives joe biden an opening to hit romney so hard -- to hit ryan so hard that mitt romney is going to feel it too. from the sound of it, the vice president seems to be getting his weight up. >> what i've been doing mostly is quite frankly, studying up on congressman ryan's positions. i just want to make sure that when i say these things that i don't have the congressman no, no, no, i don't have that position or that's not the governor's position. so it's mainly getting the factual predicates. >> when it comes to strategy thursday, in this and only this, he may want to steal a move from dick cheney. recall in 2004 when president george w. bush choked in the first of his three debates against john kerry. there was a strong
take his strategy for economic recovery, to fill the revenue gap for a result from tax cuts is an exercise in shadow boxing futility. he hasn't yet told us what it is he's planning to do. but by hitching his wagon to paul ryan and endorsing ryan's budget plan, he attached himself to clearly articulated policy and a record that leaves the whole ticket exposed to attack which gives joe biden an opening to hit romney so hard -- to hit ryan so hard that mitt romney is going to feel it too. from the...